Ocado, the British online supermarket and technology group, kept its financial guidance for the year as it reported a return to underlying profit in its first half.
Ocado's shares had surged last month after a report of possible takeover interest from Amazon.
It reported earnings before interest, tax, depreciation and amortisation (EBITDA) of £16.6m in the six months to May 28 compared to a loss of £13.6m in the same time of its 2021-22 year.
Half-year revenue rose 9% to £1.4 billion.
But at the statutory level, Ocado's pretax loss widened to £289.5m from £211.3m, reflecting depreciation, amortisation and exceptional items.
Ocado said there was no change to the financial guidance given at its full year results in February.
